Hundreds of Harry Potter fans abandon pet owls after series ends
People will go to great lengths to imitate pop culture characters they adore, and Harry Potter fans are no different. Forget the cheesy Halloween costumes and silly accents: Some fans even adopted pet owls after seeing or reading about them in Harry … Continue reading → Apple being offered free rent just to open up stores
Apple Stores are increasingly seen as a sign of affluence, a sign that a neighborhood "has arrived." It turns out that some cities are more anxious to arrive than others, offering Apple sweetheart deals to open new stores — deals … Continue reading → Developments in Google's bid for Motorola Mobility
Here are some key developments in Google's Inc.'s planned acquisition of Motorola Mobility Holdings Inc.: Ancient 'Iceman' Had Modern Ailments
Scientists have sequenced the genome of the famed 5,300-year-old Tyrolean iceman, found frozen in the Alps in 1991 -- and discovered he had genetic vulnerability to heart disease, as well as Lyme disease.
  Nasdaq seen struggling with aftermath of Facebook IPO
 NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. Initially, the exchange said it plans to set aside $13 million to resolve bad trades, and even if all of that was used, the cost would be minimal compared with the $387 million in net income it reported last year. The bigger hit to Nasdaq's business is likely to come from the damage done to its reputation by the stumble. ...
Alibaba repurchases half of Yahoo’s stake for $7.1 billion
 As Yahoo’s struggles continue, the company is looking to cut costs and dig up cash wherever it can. Yahoo announced plans last month to lay off 2,000 workers, or nearly 15% of its staff, and before that it filed a “puzzling” patent lawsuit against long-time partner Facebook. Now, Yahoo will sell half of its 40% stake in China-based retail giant Alibaba. Led by Chinese Internet entrepreneur Jack Ma, Alibaba will repurchase part of Yahoo’s holdings in the e-commerce firm for $7.1 billion as it prepares to take the company public. The deal, which was announced in a joint statement on Monday, will see Yahoo sell half its stake in Alibaba for $6.3 billion in cash and as much as $800 million in new preferred
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